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Shanghai May Consider Investment From HK Airport

October 20, 2009 Leave a comment Go to comments


October 15, 2009

Shanghai Airport may consider bringing in Hong Kong’s airport authority as a strategic investor when its parent company carries out a full listing of the group by shifting assets to its listed unit, an executive of the parent company said on Thursday.

Li Derun, executive vice president of the parent company, Shanghai Airport Authority, made the comments to reporters at an industry event.

Shanghai Airport Authority, which operates the Chinese financial hub’s two main airports, Pudong International and Hongqiao International, has not set a timetable for completing its full listing of the group.

(Reuters)

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